Amicus Financial Advisors LLC Invests $49.96 Million in Vanguard Total Bond Market ETF $BND

Amicus Financial Advisors LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, HoldingsChannel reports. The firm bought 674,499 shares of the company’s stock, valued at approximately $49,960,000. Vanguard Total Bond Market ETF makes up about 13.9% of Amicus Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Wick Capital Partners LLC raised its stake in Vanguard Total Bond Market ETF by 4.5% in the fourth quarter. Wick Capital Partners LLC now owns 13,486 shares of the company’s stock valued at $999,000 after buying an additional 580 shares during the last quarter. Arwa LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $357,000. TD Capital Management LLC boosted its stake in Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. TD Capital Management LLC now owns 523,900 shares of the company’s stock worth $38,805,000 after purchasing an additional 17,994 shares in the last quarter. BDFS Capital LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $3,071,000. Finally, Topor & Co. Korea purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $3,541,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.34 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The firm’s 50 day simple moving average is $73.35 and its two-hundred day simple moving average is $73.87.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.2473 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, June 1st.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.